Well, it's a beautiful quote.
It's part of the argument. I'm going to get off on a tangent here, but I really want to hear.... I'm not an economist, but I've heard of the Austrian school, and Keynes. I think Mr. Angus' dad, at that period, might have been a student of Keynes, too.
My dad wasn't an economist. He was an immigrant businessman. He told me a story about a wise king who told his sages to come with the wisdom of the ages. Maybe you heard this story. They compiled a great big 12-volume set, and he said, “Nobody will read it. Condense it.” So they came with a book, and he said, “Too much.” They came with a page, and he said, “That's too much, too. Give me one line.” So they came up with one line, which was, “There's no free lunch.” And that's really what it boils down to.
I'm concerned. We read recently in the paper that Canada's total national debt is, what, 83% of GDP, or something like that? It's just huge. We're seeing what's happening in Greece, and all these bad policies cost money.
I remember Mr. McTeague was one of the first ones in this committee—I give him credit—to alert us to the housing bubble that was happening in the States about three years ago.
Are you concerned that all these bad policies that we've adopted have laden governments with such an enormous debt? Do you see maybe that same danger on the horizon, too, that we're going to see?
I look at the reaction of the Greek people, too, that incredible attitude of entitlement.
Do you want to comment on that? I'd just like to hear something about that.